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August 01, 2014 | | Advertisement
 Good morning! It's the start of the month, so let's make August great. We're looking at scattered t-storms here in New York City. Let's look at the news. - LinkedIn delivered an excellent earnings report, easily beating expectations and sending the stock soaring. LinkedIn is a pretty smooth running machine.
- Tesla reported earnings and it also beat expectations on revenue and EPS. The stock was up and down in reaction.
- The Google barge has been taken apart. A few months back, Google had a mysterious boat floating in San Francisco. It was going to be used as a showroom for Google Glass. It is now being taken apart and turned to scrap, in what is a pretty obvious metaphor for the state of Google Glass.
- French wireless company Iliad offered to buy T-Mobile for $15 billion. T-Mobile is the smallest carrier in the U.S., but it's been making waves lately.
- Here's some information on Illiad.
- Apple is clearly winning the battle with Samsung. While a lot of people think Apple is making mistakes with how it prices the iPhone, the latest earnings from Apple and Samsung show that Apple is doing the right thing.
- Apple has built its own massive CDN, or content delivery network. It makes it easier for Apple to deliver high definition video, app downloads, and more in the future.
- A drone that was trying to fly marijuana, phones, and tobacco into a maximum security prison in South Caroline crashed before it could deliver its goods.
- Alibaba has invested $120 million in gaming company Kabam at a $1 billion valuation.
- A group of online payment experts launched Stellar, a non-profit, open-source service for sending money between people.
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